Technical Analysis for BIB - ProShares Ultra Nasdaq Biotechnology

Grade Last Price % Change Price Change
grade C 72.67 -0.57% -0.42
BIB closed down 0.57 percent on Wednesday, August 5, 2020, on 40 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down
Historical BIB trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
MACD Bearish Centerline Cross Bearish -0.57%
50 DMA Support Bullish -0.57%
NR7 Range Contraction -0.57%
Crossed Above 50 DMA Bullish -2.10%
Stochastic Buy Signal Bullish -2.10%
Oversold Stochastic Weakness -2.10%

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Profile

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Stock Market Index Biotechnology Leveraged ETF Ultra ETF Nasdaq Nasdaq 100 Nasdaq Biotechnology Total Return Index

Top 10 Components

Symbol Grade Percentage
AMGN 5.86
VRTX 5.23
GILD 5.15
REGN 4.46
ILMN 3.97
BIIB 2.38
MRNA 2.22
SGEN 2.18
ALXN 1.67
BMRN 1.66
View All BIB Holdings

Is BIB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 83.06
52 Week Low 35.49
Average Volume 318,876
200-Day Moving Average 60.89
50-Day Moving Average 72.46
20-Day Moving Average 75.37
10-Day Moving Average 73.11
Average True Range 3.44
ADX 14.3
+DI 19.61
-DI 24.31
Chandelier Exit (Long, 3 ATRs ) 72.74
Chandelier Exit (Short, 3 ATRs ) 78.29
Upper Bollinger Band 81.54
Lower Bollinger Band 69.21
Percent B (%b) 0.28
BandWidth 16.36
MACD Line -0.13
MACD Signal Line 0.56
MACD Histogram -0.6895
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.69
Resistance 3 (R3) 75.83 74.96 75.18
Resistance 2 (R2) 74.96 74.20 74.89 75.01
Resistance 1 (R1) 73.82 73.72 73.39 73.68 74.85
Pivot Point 72.95 72.95 72.74 72.88 72.95
Support 1 (S1) 71.81 72.19 71.38 71.67 70.49
Support 2 (S2) 70.94 71.71 70.87 70.33
Support 3 (S3) 69.80 70.94 70.16
Support 4 (S4) 69.66